The Limiting Factor explains Volkswagen’s Power Day. Volkswagen was vague about how they would achieve electric car battery improvements compared to Tesla at Battery Day. Volkswagen is starting behind Tesla. Volkswagen has more expensive batteries now. Volkswagen talked about getting 50% cost reduction in batteries.
Volkswagen switching to LFP (lithium iron phosphate) which are already being used by Tesla in China would get half of the 50% cost reduction in batteries.
Volkswagen talked about fast charging and they said they would do this with more silicon.
Volkswagen will also go for dry cell batteries. Limiting Factor notes the key to this execution. Everyone knows this is what needs to be done.
SOURCES- Limiting Factor
Written by Brian Wang, Nextbigfuture.com (Brian owns shares of Tesla)
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.